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Understanding the New $60 Billion U.S. International Development Finance Corporation (DFC)

The DFC represents an important new financing source for companies investing in emerging markets overseas, as well as in projects in the U.S. that enhance the domestic response to COVID-19. The recently launched DFC has up...more

Distressed Real Estate During COVID-19: Options Beyond PPP Loans

Commercial real estate owners may find relief under the Main Street Lending Program, but with many unable to qualify, the recently introduced HOPE Act, if enacted, will fill a much-needed gap. Although the possibility may...more

CFIUS and Critical Technologies: Implications for the Biotechnology and Life Sciences Sector

The COVID-19 pandemic has generated a renewed focus on biotechnology and life sciences companies. Non-U.S. investors need to be aware of the potential that the Committee on Foreign Investment in the United States (CFIUS) may...more

Treasury and Fed launch $600 Billion Main Street Lending Program

Loans of $25 million to $150 million now available for mid- to large-sized businesses - The Treasury Department and Federal Reserve has announced two new lending programs, as well as additional investment in and expansion...more

New $500 Billion Treasury Loan Programs Under the CARES Act Provide COVID-19 Relief for Private Sector Business

The CARES Act appropriates $500 billion in U.S. Department of Treasury loans and loan guarantees for mid-sized and large businesses, states and municipalities, in addition to the $350 billion it appropriates for small...more

New York Regulation Defines Required Mortgage Forbearance and Bank Fee Waivers for COVID-19 Financial Hardship

New York orders extraordinary measures requiring financial institutions to meet financial needs of and ameliorate the challenges being faced by customers affected by COVID-19. New York State has implemented extraordinary...more

3/31/2020  /  Coronavirus/COVID-19

COVID-19 and Leveraged Finance: Some Issues to Consider

With many borrowers facing a current or looming liquidity crunch but having a committed revolving line of credit potentially available to them, borrowers and lenders need to carefully review their loan documentation when...more

New York Bankers Must Consider Forbearance, Other Consumer Protection in Response to COVID-19

New York orders extraordinary measures requiring financial institutions to meet financial needs of and ameliorate the challenges being faced by customers affected by COVID-19. - New York State has implemented...more

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